972


.NORTHERN ASSURANCE CO.


LIABILITIES.
Gross losses adjusted and unpaid, not yet due ......
Gross clainis for losses in process of adjustment or
itn suspense, plus $11,3(00.(64; reserve for losses in-
*       rl    1-A TPnri  to DecemhA,- 21. of whieh nno notiep


$22,412 46


had beeii received on that date .....    ...............  348,868 96
Gross claims for losses resisted ......   ................  110,567 50
Total ...............                ............  $481,848 92
l)educt reinsurance due or accrued ................. .........  176,463 88
Net amount of unpaid losses and claims ....................
Gross premiums (less reinsurance) received and re-
ceivable upon all unexpired fire risks running one
year or less from date of policy, including interest
premiums on perpetual fire risks, $1,729,750.06; un-
earned r)remiums (fifty per cent) .$864,875 48
Gross premniums (less reinsurance) received and re-
(eivable upon all unexpired fire risks running more
than Q ne year from (late of policy, $3,523,064.65; un-
earned lpremiums (pro rata) ...................... 1,843,915 04


$305,385 '04




Total unearned premiums as computed above ....      .......... 2.,708,790
52
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued  27,488
10
lEstimated amount hereafter payable for federal, state and other
taxes based upon business of the year of this statement ....0....  0,678
21
Reinsurance premiums .........      ................................... 
90,521 06
Tot al amount of all liabilities except capital .$3,212,862 93
Satutory deposit .............      ..               $200,000 00
Surplus over all liabilities ....................... 1,879,159 18
Surplus as regards policyholders ...........  I  ...................... 
2,079,159 18
Total liabilities .............................................. $5,292,022
11
RITSKS AND PREMITUMS.
G;ross
premiums
Fire risks.    thereon.
III folce on the 91st (day of December, 1911 .... ...... $003,587,7210 $6,401,307
71.
Written or reniewed during the year .441,592,234 4,630,875 28
lEx(ess of original premiums over amount received
for reiLJ     ..li ...  .       .     .     .                      L,088
42
'I'ottill ...                                $1-,045,179,954 $11,033, 271
44
Ilednet Ibose expred .and marked off as terminated   412,144,435 4,421,194
23
In foree at the end of the year .$633,035,519 $6,612,077 21
D)edut anmount reinsured .132,373,594 1,359,261 60
Net On-lto1]t in force .$500,661,925 $5,252,815 61